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Crypto Lode of $100 Billion Stirs U.S. Worry Over Hidden Danger

Regulators are worried about hidden risks to investors and even the financial system stemming from a fast-growing corner of the crypto market meant to be immune from volatility.Their focus is on so-called stablecoins, a form of cryptocurrency that has a fixed price, typically one dollar, and is backed by real-money reserves.But in recent weeks, lawmakers and officials from theFederal Reserveand the administration have expressed alarm both in public and private that some consumers won’t actually
Crypto Lode of $100 Billion Stirs U.S. Worry Over Hidden Danger

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